🚀 Stablecoins Hit $280B: Is Your Wallet Ready for the Moon? 🌕

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So, it seems the stablecoin economy has decided to throw a party and invite everyone over the $280 billion mark. 🥳 For the first time in history, mind you. Not bad for a bunch of digital coins that promised to stay stable. 🤷‍♂️

Stablecoins Break the Internet (and the $280B Barrier) Overnight

According to the wizards at Defillama.com, the stablecoin market cap is now lounging comfortably at $283.31 billion. That’s a $6.99 billion jump (+2.53%) in the past week, with $3 billion of that happening while you were probably sleeping. 😴 Tether (aka USDT) is still the prom king, strutting around with $168.43 billion and a 0.93% gain this week. Crown and all. 👑

Metrics via defillama.com on Aug. 29, 2025. Because numbers don’t lie, but they do sometimes nap. 😴

Meanwhile, USDT’s dominance has dipped below 60% to 59.45%. It’s like the cool kid who’s still cool but now has to share the spotlight. 🌟 USDC is right behind with $70.38 billion, flexing the strongest growth at 5.57% in seven days-a $3.71 billion flex. 💪

Ethena’s USDe is the new kid on the block, rocking a $12.28 billion market cap and a 4.44% weekly rise. That’s $521 million in seven days. Someone’s been eating their crypto Wheaties. 🥣 Further down, Sky’s DAI is having a moment, soaring 9.97% to $5.26 billion. The oldies are still goodies, it seems. 🎶

The DeFi project’s USDS took a tiny nap, dropping -1.03% to $4.53 billion. Meanwhile, World Liberty Financial’s USD1 and Blackrock’s BUIDL are chilling at $2.48 billion and $2.38 billion, respectively. Small gains, but hey, every little bit helps. 🪙

Ethena’s USDTb is at $1.46 billion with a 0.80% gain, while Falcon Finance’s USDf took a -1.24% dip to $1.23 billion. Paypal’s PYUSD ended the week with a +2.30% boost at $1.19 billion. All in all, the stablecoin market is expanding like a balloon at a kid’s party. 🎈

So, what does this all mean? Well, the demand for stablecoins is still going strong, proving that even in the wild west of crypto, people like a little stability. 🧘‍♂️ Or maybe they just like watching numbers go up. Either way, grab your popcorn and enjoy the show. 🍿

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2025-08-29 21:18